ISO Propanol Weekly Report 25 Nov 2017

Weekly Price Trend: 20-11-2017 to 24-11-2017

• The above given graph focuses on the IPA price trend for this week.
• As per the above graph, it has been inferred that the prices of ISO Propanol have remained firm and at the end of this week prices were assessed at the level of Rs.69/Kg for Kandla port.

Booking Scenario

INDIA & INTERNATIONAL

• Domestic prices of ISO Propanol have remained firm this week and were assessed at the level of Rs. 69/Kg.
• This week international prices of ISO Propanol have remained firm in compared to the previous week.
• This week IPA prices have remained firm no major deals and discussion has been heard.
• Presently market is moving with soft velocity.
• On Thursday, closing crude values have increased. WTI on NYME closed at $58.45/bbl; prices have increased by $0.37/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.06/bbl in compared to last trading and was assessed around $63.38/bbl.
• CFR China prices of feedstock propylene were evaluated at USD 945/mt.
• FOB Korea prices of feedstock propylene were evaluated at USD 895/mt.
• Total imported quantity of IPA for the month of October was around 13852mt.

$1 = Rs. 64.70
 Import Custom Ex. Rate USD/ INR: 66.20
 Export Custom Ex. Rate USD/ INR: 64.50